Written not from a post-crisis perspective – but from a preventative point of view – this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy. You'll learn how the deadly allure of their ice-cold beauty has misled generations of economists and investors, and how continued reliance on these formulas can either assist future economic development, or send the global economy into the financial equivalent of a cardiac arrest. Rather than rehash tales of post-crisis fallout, this book focuses on preventing the next one. By exploring the heart of the shadow economy, you'll be better prepared to ride the rough waves of finance into the turbulent future. Delve into one of the world's least-understood but highest-impact industries Understand the key principles of quantitative finance and the evolution of the field Learn what quantitative finance has become, and how it affects us all Discover how the industry's next steps dictate the economy's future How do you create a quadrillion dollars out of nothing, blow it away and leave a hole so large that even years of "quantitative easing" can't fill it – and then go back to doing the same thing? Even amidst global recovery, the financial system still has the potential to seize up at any moment. The Money Formula explores the how and why of financial disaster, what must happen to prevent the next one.

    The Movement-was it the greatest con of all time, or the last true religion? A chilling novel about the evil of cults.

    Officially, the group is a rogue operation with no government affiliation. But when the impossible becomes absolutely necessary, IFOR is...THE MERCENARY OPTIONShortly after the terror attacks on America, the American president announces the construction of an oil pipeline across Afghanistan. To stop this, and deter further Western encroachment in Central Asia, a vindictive Saudi prince retains ex-KGB terror broker Pavel Zelinkow -- a prime mover behind al Qaeda's 9/11 attack. Zelinkow plans to steal two nuclear weapons, detonating one of them among the pipeline construction crews and their military guardians, while the target of the second bomb is a mystery. U.S. special operations forces cannot be used against the terrorists hiding in Iran, so IFOR is called into action for the first time on a mission that will test them to their limits: take out the terrorists, recover the nukes, and get Zelinkow -- dead or alive.

    Each book now includes sixteen-addtional pages with brand-new content! Minecraft--the indie sandbox video game that took the world by storm--has been hailed as one of the greatest phenomena amongst gamers and educators for both its simplicity and its brilliance. Allowing players to build, explore, create, collaborate, and even survive, Minecraft has created a brave new world of gameplay. Each handbook contains helpful tips and information from the creators themselves, all of which will prove vital to your survival and creativity as you learn to mine, craft, and build in a world that you control.

    And scientists, being human, respond to incentives and costs, in money and glory. Choosing a research topic, deciding what papers to write and where to publish them, sticking with a familiar area or going into something new the payoff may be tenure or a job at a highly ranked university or a prestigious award or a bump in salary. The risk may be not getting "any" of that.At a time when science is seen as an engine of economic growth, Paula Stephan brings a keen understanding of the ongoing cost-benefit calculations made by individuals and institutions as they compete for resources and reputation. She shows how universities offload risks by increasing the percentage of non-tenure-track faculty, requiring tenured faculty to pay salaries from outside grants, and staffing labs with foreign workers on temporary visas. With funding tight, investigators pursue safe projects rather than less fundable ones with uncertain but potentially path-breaking outcomes. Career prospects in science are increasingly dismal for the young because of ever-lengthening apprenticeships, scarcity of permanent academic positions, and the difficulty of getting funded.Vivid, thorough, and bold, "How Economics Shapes Science" highlights the growing gap between the haves and have-nots especially the vast imbalance between the biomedical sciences and physics/engineering and offers a persuasive vision of a more productive, more creative research system that would lead and benefit the world."

    Sound familiar?"(Fritz Lanham, Houston Chronicle) Just as we do today, Americans of the 1890s faced changes in economics, politics, society, and technology that led to wrenching and sometimes violent tensions between rich and poor, capital and labor, white and black, East and West. In The Reckless Decade, H. W. Brands demonstrates that we can learn a lot about the contradictions that lie at the heart of America today by looking at them through the lens of the 1890s. The 1890s saw the closing of the American frontier and a shift toward imperialist ambitions. Populists and muckrakers grappled with robber barons and gold-bugs. Americans addressed the unfinished business of Reconstruction by separating blacks and whites. Booker T. Washington, W. E. B. Du Bois, and other black leaders clashed over the proper response to continuing racial inequality. Those on top of the economic heap—Rockefeller, Carnegie, and Morgan—created vast empires of wealth, while those at the bottom worked for dimes a day. Brands brings all this to life in a vivid narrative filled with larger-than-life characters facing momentous challenges as they worked toward an uncertain future.

    

    To mark the event, National Geographic magazine commissioned seven articles that explore the fascinating issues—including demographics, food security, climate change, fertility trends, managing biodiversity—surrounding this topic, which are collected for the first time in this special ebook.   Envi­ronment editor Robert Kunzig starts by sketching out a natural history of population. The issues associated with population growth seem endless: poverty, food and water supply, world health, climate change, deforestation, fertility rates, and more. In additional chapters Elizabeth Kolbert explores a new era—the “Anthropocene,” or the age of man—defined by our massive impact on the planet, which will endure long after our cities have crumbled; and takes us to the Mediterranean, where she delves into issues associated with increasing ocean acidification. In Bangladesh, Don Belt explores how the people of this crowded region can teach us about adapting to rising sea levels. In “Food Ark” we travel deep within the earth and around the globe to explore the seed banks that are preserving the variety of food species we may need to increase food production on an increasingly crowded planet. In Brazil, Cynthia Gournay explores the phenomenon of “Machisma” and shows how a mix of female empowerment and steamy soap operas helped bring down Brazil’s fertility rate and stoke its vibrant economy. Additionally we explore threats to biodiversity, and the return of cities—which may be the solution to many of our population woes. Join National Geographic on this incredible journey to explore our rapidly growing planet.

    In his famous 1976 speech at the Republican National Convention, Ronald Reagan helped define a way forward and strengthened the Republican Party. As we stand at a crossroad once again, we are fortunate to have a blueprint for restoring America's greatness. Reagan has given us the principles to succeed. This book is not merely a diagnosis of our nation's ills but a prescription to heal our nation, rooted in the words and principles of Ronald Reagan. In these pages, Michael Reagan shares the plan his father developed over years of study, observation, and reflection. It is the plan he announced to the nation, straight from his heart, one summer evening during America's two hundredth year. It is the plan he put into action during his eight years in office as one of the most effective presidents of the twentieth century, and it is the plan we can use today to help return America to its former greatness, soundness, and prosperity.

    But the Middle Kingdom also faces a series of challenges. From energy scarcity to environmental degradation to political unrest and growing global security burdens, a host of factors could derail China s global ascent.In this edition of The Munk Debates Canada s premier international debate series former U.S. Secretary of State Henry Kissinger and CNN s Fareed Zakaria square off against leading historian Niall Ferguson and world-renowned Chinese economist David Daokui Li to debate the biggest geopolitical issue of our time: Does the 21st century belong to China?Highly electrifying and thoroughly engrossing, the Munk Debate on China is the first formal public debate Dr. Kissinger has participated in on China s future, and this volume includes exclusive interviews with Kissinger and Li."

    

    

    Being Mortal by Atul Gawande - A 20-minute Summary Inside this Instaread Summary: • Overview of the entire book• Introduction to the important people in the book• Summary and analysis of all the chapters in the book• Key Takeaways of the book• A Reader's Perspective Preview of this summary: Chapter 1 Gawande grew up in Ohio. His parents were immigrants from India and both were doctors. His grandparents stayed in India, and there were few older people in his neighborhood, so he had little experience with aging or death until he met his wife’s grandmother, Alice Hobson. Hobson was seventy-seven and living on her own in Virginia. She was a spirited widow who fixed her own plumbing and volunteered with Meals On Wheels. However, Hobson was losing strength and height steadily each year as her arthritis worsened.Gawande’s father enthusiastically adopted the customs of his new country, but he could not understand the way in which seniors were treated in the US. In India, the elderly were treated with great respect and lived out their lives with family.In the United States, Sitaram Gawande, Gawande’s grandfather, likely would have been sent to a nursing home like most of the elderly who cannot handle the basics of daily living by themselves. However, in India, Sitaram Gawande was able to live in his own home and manage his own affairs, with family constantly around him. He died at the age of one hundred and ten when he fell off a bus during a business trip.Until recently, most elderly people stayed with their families. Even as the nuclear family unit became predominant, replacing the multi-generational family unit, people cared for their elderly relatives. Families were large and one child, usually a daughter, would not marry in order to take care of the parents.This has changed in much of the world, where elderly people end up struggling to live alone, like Hobson, rather than living with dignity amid family, like Sitaram Gawande.One cause of this change can be found in the nature of knowledge. When few people lived to be very old, elders were honored. Their store of knowledge was greatly useful. People often portrayed themselves as older to command respect. Modern society’s emphasis on youth is a complete reversal of this attitude. Technological advances are perceived as the territory of the young, and everyone wants to be younger. High-tech job opportunities are all over the world, and young people do not hesitate to leave their parents behind to pursue them.In developed countries, parents embrace the concept of a retirement filled with leisure activities. Parents are happy to begin living for themselves once children are grown. However, this system only works for young, healthy retirees, but not for those who cannot continue to be independent. Hobson, for example, was falling frequently and suffering memory lapses. Her doctor did tests and wrote prescriptions, but did not know what to do about her deteriorating condition. Neither did her family… About the Author With Instaread Summaries, you can get the summary of a book in 30 minutes or less. We read every chapter, summarize and analyze it for your convenience.

    He describes how his team of "cyber-ninjas" unraveled it while they worked against the clock of Constitutional processes, all against the background of being a lifetime entrepreneur trying to interact with Washington, DC. This book takes you behind the headlines to backroom scenes that determined whether or not the fraud would be exposed in time, and paints a portrait of Washington that will leave the reader asking, "Is this the end of our constitutional republic?"

    Robert McChesney, whom Marc Crispin Miller calls the greatest of our media historians, maintains that the major beneficiaries of the so-called Information Age are no more than a handful of enormous corporations, and that this concentrated corporate control is disastrous for any notion of participatory democracy.In a book that Noam Chomsky hails as a rich, penetrating study, McChesney combines historical sweep and unprecedented detail on current events as he chronicles the recent waves of media mergers and acquisitions, as well as the corrupt and secretive enactment of public policies surrounding the Internet, digital television, and public broadcasting. He also addresses the gradual and ominous adaptation of the First Amendment as a means of shielding corporate media power, and debunks the myth that the market compels media firms to give the people what they want.